Yesterday we saw the Nasdaq100 close at new all-time highs, on an equally-weighted basis!
I keep being told that market breadth is weakening, mostly from people who haven't even bothered to count.
So let me ask you...
Is the equally-weighted Nasdaq100 closing at the highest level in its entire history evidence of broadening strength, or a weakening market?
I'm old enough to remember when they were telling me that this was all just a "bear market rally" and that we shouldn't be buying stocks.
Then it was, "Only 6 stocks going up", so we shouldn't be buying stocks.
Now they're telling me that market breadth is weakening, when it's actually broadening, and that we shouldn't be buying stocks.
You know what we've been doing this entire bull market? We've been buying stocks, and laughing about it along the way.
You've had a front row seat to it all.
And this was just while it was mostly U.S. stocks doing well. Now we're seeing broadening participation all over the world, with areas like Latin America hitting new multi-month highs, Europe hitting all-time highs, and now Southeast Asia really getting going
Here is the Global 100 Index also going out yesterday at new all-time highs:
Here's the life hack: Just put in the work.
You don't need any fancy algorithms or complicated calculations.
You just have to go and count, one by one, and actually weigh all the evidence.
It's not hard. But it's the best way to do this.
I can tell you for a fact.
And so when the weight-of-the-evidence points to getting aggressive and maximizing the opportunity in front of us, that's where Breakout Multiplier comes in.
The Breakout Multiplier System was specifically designed for times like this, to take full advantage of the bull market we have in front of us.
And with expansion into stocks all over the world, it's no coincidence that of the 8 China-related trades we've put on since the election, 7 of them have more than doubled in value.
And we're adding more this week with China hitting new highs again.
